Orange County NC Website
35 <br /> Slide #25 <br /> Debt Modell — Results <br /> (So nsitivity Ana Iysis- 100M Debt Serviice Summary) <br /> 50.0 <br /> 40.<) <br /> �.4 r <br /> .20L0 <br /> i°.°_ <br /> ■Exisiing Debt Service ■aP E]eU[Service ■Hypmhe[ical{gyp ESand Rerererdum IDS <br /> -Wmdz& .- <br /> ORANGE COUNTY <br /> N10Wr3 E CARIOLINA <br /> Slide #26 <br /> QUESTIONS <br /> ORANGE COUNTY <br /> N4RT3 E CAROLEN:S <br /> Commissioner Bedford asked about the difference between existing debt and CIP debt. <br /> Gary Donaldson said the existing debt has already been issued and that the CIP debt is <br /> projects that will be financed in the future, per the CIP schedule. <br /> Commissioner Bedford asked for an explanation of why if you change something in the <br /> CIP, it does not make a difference in years 1-5. She also asked how 3% of the assessed value <br /> of the tax base is used in finance. <br />